• The Art of the Parley

    Deal analysis, by real professionals.

Deals… They have been labeled good, bad, great, fair, rough, big, real, sweet, raw, dirty, once in a lifetime and of the century. Amateurs assess performance based on outcome, professionals look at process. Sure, you just won that hand of poker, but what hand did you get and how did you play it? On how we dissect deals.

One of my favorite diagrams is the following. It captures the essence of professionalism in any undertaking.

Step 1 – the deal itself

Step 2 – The deal makers, defined by their motives and their constraints.

Step 3 – The process. In terms of structure and style, were any blunders or flashes of brilliance on display?

“Advertising is not a debate. It’s a seduction.”

― Al Ries (in “Positioning: The battle for your mind”)

Step 4 – Did any party miss an opportunity? How does the result hold up to accessible or imaginable alternatives?

Step 5 – The execution contingencies. Were both parties screwability-proof?

“Positioning is the act of deliberately defining how you are the best at something that a defined market cares a lot about.”

― April Dunford (from “Obv!ously Awesome: How to nail product positioning so customers get it, buy it, love it”)

In conclusion, the Positioning concept is an easy to understand example of how things aren’t just about what they are, but also about what they appear to be. It ties closely to the notion that in communication, a message passes between a sender and a receiving audience with a completely different frame of reference. If the message passes at all: as Reis already pointed out, it needs to fight for attention in a sea of competing messages and noise. Perception matters. In the training course I referred to, the one where I first heard the Hopefuls vs Fearfuls example, one attendant actually got pretty disillusioned by all our talk about perception and positioning. “I work on all these difficult problems, bug fixes and features every day, and I am beginning to wonder what the point is if this is anyway not what we communicate to the customer.” That is of course also not the truth. If your positioning isn’t underpinned by the product’s reality, the customer will see through your attempt at perception management and see it for what it is -only spin and vacuous fluff which all of us are only too familiar with. Nevertheless, there’s purpose and method in marketing – and left brainers solely focused on the product are missing out on half a world. The truth of perception is reality too.

Different strokes

Credits

Words > Stefan Verstraeten

Ideas > Ketaki Chand taught me the Hopefuls/Fearfuls example.

> Camille Chammas taught me the fine art of positioning in commercial negotiations, and many, many other things.

> Al Reis and Jack Trout, “Positioning: The Battle for Your Mind“, 1981 (McGraw-Hill), ISBN13 978-0446342346

> April Dunford, “Obv!ously Aesome: How to Nail Product Positioning so Customers Get It, Buy It, Love it“, 2019 (Ambient Press), ISBN13 978-1999023003

Photo >

Video > “Mad Men”, pilot episode, AMC

https://www.ries.com/wp-content/uploads/2015/09/Positioning-Articles002.pdf

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